By employing a panel vector autoregressive approach, we show that containership trade is an important determinant ofGDP growth. Using the full sample of sea-transported container boxes of 135 countries for ten years, we provideevidence that the amount of TEUs transported, both contemporaneously...

This paper argues that California s self-help county tax legislation, which funds additional highway spending, amounts to a natural experiment that can be used to construct a valid instrument to determine highway congestion s causal effect on the growth rates of GDP, employment, wages, and...